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| News & Analysis on Food & Beverage Development - North America |
2024 in review: Most read stories reveal pain points, growth opportunities for 2025
FoodNavigator-USAâs top stories highlight areas ripe for innovation, the pressing demand for regulatory clarity and tensions between retailer, manufacturer and consumer needs. | |
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Keychain eases supply chain constraints with ‘search and discovery’ platform that matches manufacturers with production capacity with brands, retailers in need Finding a reliable manufacturer that can meet product specifications and has production capacity that aligns with supply needs is one of the biggest challenges brands face, but a new matching platform launching today could simplify and dramatically shorten the search process... Watch now Palate predictions: The top food and beverage flavor trends of 2024 As consumers seek increased value and experience from food and beverages, one of the worldâs leading flavor experts highlights the biggest consumer trends this year... Read Mars could acquire Kellanova as part of portfolio overhaul, potentially signaling larger industry rebound in M&A activity Family-held candy maker Mars Inc. could acquire snack giant Kellanova, according to media reports over the weekend, which, if accurate, could signal the beginning of a long-awaited return to M&A activity in the food and beverage industry following a post-pandemic slowdown in deal flow... Read Monster Beverage explores new marketing strategies to reclaim share, drive sales Monster Beverage Corp. continues to dominate the fast-growing energy drink market with incremental sales and unit gains across its portfolio at a time when many newer category entrants lost both, and yet the companyâs eponymous energy drink lost dollar share as competitors Celsius, C4, Ghost and others gained dollar share... Read California bans common food dyes in schools days after FDA, stakeholders discuss proposed systematic post-market review process for chemicals in foods Manufacturers have just over three years to reformulate packaged snacks, confections and beverages with six common â and controversial â food dyes if they want to continue selling their products in California schools... Read David protein bars secure $10M backing, led by CPG veterans emphasizing nutrition over diet trends Protein bar brand Davidâs founders, including RXBAR Co-founder Peter Rahal, attracted investors with their industry experience and an emphasis on protein as a science-backed, enduring macronutrient over fleeting diet trends, Rahal told FoodNavigator-USA.. Read IFF’s new CEO on rightsizing business: ‘Synergy became the goal instead of a tool’ Fragrance and ingredient giant IFF could divest segments of its business as part of a larger strategy to rightsize the company after failing to capitalize on a merger with Dupont Nutrition and Biosciences that sent its stock price tumbling, new CEO J. Erik Frywald told investors last week at the Consumer Analyst Group of New Yorkâs annual meeting... Read Preparing for food-dye bans: What CPG brands must know about reformulations ahead of mandates As food additive bans roll out across numerous states, many CPG companies that rely on artificial dyes might need costly reformulations, while clean-label and natural ingredient trends might influence product changes well before regulatory mandates... Read Walmart cuts prices for more than 7,000 items, warns it will fight back against brands proposing hikes Walmart may be less willing to accept price increases from brand manufacturers going forward as it rolls back prices for 7,200 items, including for food, which it says increased by 35% during its second quarter... Read FDA Human Foods Program launch may not come until next fall, but ‘going quite well’ FDA's massive reorganization to create a unified Human Foods Program under one leader who reports directly to the agencyâs commissioner may take longer than originally anticipated, but is âgoing quite well,â the programâs first Deputy Commissioner Jim Jones said last week at the Food Policy Impact Summit hosted by the Institute of Food Technologistsâ Washington, DC, section... Read | |
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